Top 20 Trending AI News And Analyst Ratings

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14. Applied Materials, Inc. (NASDAQ:AMAT)

Number of Hedge Fund Holders: 77

Applied Materials, Inc. (NASDAQ:AMAT) provides equipment, services, and software for the semiconductor industry. Morgan Stanley recently lowered the price target on the stock to $185 from $224 and kept an Equal Weight rating on the shares. The advisory updated its wafer fab equipment market forecasts, leaving its overall forecast of 5% year-over-year growth in 2025 unchanged, noting that this was below the consensus call for 15% growth. Morgan Stanley also noted that it maintained its cautious view on US semiconductor production equipment.

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